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Strategies & Market Trends : Three Amigos Stock Thread

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To: OldHack who wrote (4011)4/28/1998 11:55:00 PM
From: Ms. X  Read Replies (1) of 29382
 
Hi OH,
Hi ho, hi ho it's off to work we go....
Sorry all these X's and O's are finally getting to me.

You bring up some good points.
The optional bullish percent in no way means the bull market is over. Think of it like a stock pulling back. Stocks run up and then backfill until another run up. Some stocks do the same thing in reverse and continue down.

When everything shakes out we will see what we have left. Different sectors may be in play than what we are used to. Again, we don't know until the indicators tell us. I will say that the interest rate scenario will bring interesting changes.

I think the market can handle a good correction which I'm sure will be followed by further bullishness. Everything needs a rest now and then.

Don't be nervous. That is what I like about P&F. It paints a picture that I can study and then plan from. I'm fully prepared for a drop and I even have a plan together for when it reverses back up. I feel very calm.

Take care and stay tuned. Nice to have you with us!

Jan I am
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